28 April 2016

Pension Freedom – uptake lower than estimated

Wealth Management

A report from the Treasury indicates that the number of people accessing their pension pots is lower than previously estimated.  Around 230,000 have made use of new pension rules since introduced in April 2015, whereas estimates suggested 179,000 had done so in quarter 3 2015 alone.

Pension arrangements are only one element of planning for retirement.  To discuss your retirement planning needs please contact us at our Swansea office 01792 483860 or email info@portfolio.org.uk, when we will be pleased to arrange a meeting with one of our qualified Independent Financial Advisers.

For the full story please follow the link : http://www.bbc.co.uk/news/business-36149223